Minimum Wage Texas 2024 Increase Schedule. Most companies know the fair labor standards act (flsa) requires employers to pay employees a minimum hourly wage plus overtime, unless an. Most 2024 minimum wage updates take place on january 1, 2024.

The table below lists the current prevailing 2024 minimum wage rates for every state in the. A proposal introduced in the senate last year called the raise the wage act of 2023 that would increase the federal hourly minimum wage to $17 over five years.